Investment Summary

54-64 Union Street, Harthill, Sheffield S26 7YH

  • Fully let retail parade investment
  • Prominent frontage on the high street of desirable residential town
  • 6 units anchored by McColl's convenience store, providing full amenity to the town
  • Large site of 0.47 acres providing c.40 car parking spaces
  • Attractive AWULT of 9.91 years
  • McColl's Retail Group PLC have a 'Low Risk' Credistafe rating and £1.31bn in revenue
  • McColl's occupy on a 10-year FRI lease with effect from 7th June 2017, expiring 6th June 2027 (c.9.02 years unexpired)
  • The property produces a total rental income of £55,000 per annum
  • Freehold
  • Offers in excess of £745,000 (STC)
  • Attractive Net Initial Yield of 7.00% and Reversionary Yield of 8.07%
  • Excellent SIPP purchase opportunity
  • Alternative uses and re-development potential (STP)
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